Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023
Schoenherr: I Don’t See A Revival In Real Estate, Litigations Will Be The "Star"
Banks-Insurance

Schoenherr: I Don’t See A Revival In Real Estate, Litigations Will Be The "Star"

Sebastian Gutiu, managing partner of law firm Schoenherr si Asociatii, bets on the litigation department rather than on the real estate one for the next few years, as companies fail to obser...

Daniela Stoican · 20.01.2012 · 00:00 · 1 min
Social/Politics

Economy Ministry Requests Budget Revisions For Almost 50 State Companies

Romania's Economy Ministry has asked the Government to revise the 2011 budgets of almost 50 state-owned companies, to include higher costs, and complained that the Finance Ministry has not a...

Radu Bostan · 19.01.2012 · 16:37 · 2 min
Companies

Romcarbon Reports RON107M Turnover For 2011, Up 5% On Year

Romanian plastic systems maker Romcarbon Buzau (ROCE.RO) Wednesday reported a 5% year-on-year decline in its 2011 sales, to some 107 million lei (EUR24.7 million) from RON112.9 million in th...

Andrei Cîrchelan · 18.01.2012 · 11:55 · 1 min
FCC Construccion Pursues Project Diversification In 2012
Automotive

FCC Construccion Pursues Project Diversification In 2012

Spanish-held FCC Construccion, a EUR12 billion business with international operations, is mainly known in Romania for the building of the Basarab overpass together with Italy’s Astaldi.

Loredana Frățilă-Cristescu · 18.01.2012 · 00:00 · 2 min
Nokia’s Departure Causes Chain Reaction In Romanian Economy
Macroeconomics

Nokia’s Departure Causes Chain Reaction In Romanian Economy

Nokia's departure was one of the worst news of 2011, as Romania loses one of its largest exporters and a major temporary work provider. But the worst may be yet to come.

Claudia Medrega · 13.01.2012 · 00:00 · 2 min
Companies

First Ten Entrepreneurs Of 2012: We Are Not Afraid Of The Crisis

A real estate agency, a small plant for plastic packaging, a grocery store and a fertilizer distribution business are among the first ten companies started in the first day of this year by R...

Daniela Stoican · 13.01.2012 · 00:00 · 3 min
Tiriac Jr: We’re Strongly Committed To Agriculture Investment And Seek At Least 2,000 Ha More
Companies

Tiriac Jr: We’re Strongly Committed To Agriculture Investment And Seek At Least 2,000 Ha More

Ion Alexandru Tiriac, son of Romanian billionaire Ion Tiriac, says he wants to expand the activity of Tiriac Holdings to new sectors which are recording significant increases, such as the ag...

ZF English · 12.01.2012 · 12:24 · 3 min
FOCUS: Tour Agencies Seek New Destinations, But Still Rely On Greece, Turkey, Bulgaria
Companies

FOCUS: Tour Agencies Seek New Destinations, But Still Rely On Greece, Turkey, Bulgaria

Romanian tour agencies are timidly testing the waters in new markets, like Africa, the former Eastern bloc or Montenegro, but still rely on Romanian favorites Greece, Bulgaria and Turkey.

Radu Bostan · 11.01.2012 · 17:30 · 4 min
Banks-Insurance

Germany’s Gothaer Seeks To Buy Romanian Insurer

German insurer Gothaer, an about EUR4 billion business, is in talks to buy Platinum, a small company owned by former Omniasig chairman Constantin Toma, insurance market sources say. Constant...

Oana Gavrila · 09.01.2012 · 00:00 · 2 min